Market Overview:
The global direct drive motors market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient and low-maintenance motors across different industries. In addition, the growing awareness about the benefits of using direct drive motors is also contributing to the growth of this market. Based on type, high speed motor segment is expected to account for majority share in global direct drive motors market by 2030 end. This can be attributed to its ability offer high power density and efficiency as compared with other types of electric motors available in the market.
Product Definition:
A direct drive motor is a type of electric motor that has no gearbox. This means that the output shaft of the motor connects directly to the load, such as a fan or pump. Direct drive motors are often used in applications where reliability and simplicity are important, such as in industrial machinery or elevators.
High Speed Motor:
High speed motors are used in various applications such as printing, scanning, card-based and other direct drive applications. The market is expected to grow at a CAGR of XX% from 2016 to 2024.
The growth can be attributed to the increasing demand for high-speed motors in the industrial sector owing to their ability of providing increased efficiency and performance at low cost per KW hour.
Medium Speed Motor:
Medium speed motor is a type of electric motor which operates at an average speed between 800 to 2,000 rpm. They are used in various applications such as fans, blowers, pumps and compressors among others. The medium-speed motors have the ability to deliver high power with low weight as compared to high or low speed motors.
Application Insights:
The application segment includes automobile industry, medical profession, aerospace, national defense industrial manufacture and others. The automotive application segment accounted for the largest market share in 2017 owing to the growing demand for electric vehicles across major countries such as U.S., China, Germany and Japan.
The growth of the automotive sector is directly related to its ability to reduce carbon emissions by utilizing electric motors that consume little or no fuel and produce zero exhaust fumes. Electric motors provide energy savings of up to 90% over traditional combustion engine driven systems with equivalent performance characteristics which makes them ideal in various applications such as automobiles where environmental protection is a prime concern along with cost-effectiveness and efficiency gains over conventional technology solutions.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue in 2017. The regional market is expected to grow at a CAGR of XX% from 2018 to 2030 owing to increasing industrialization and rising adoption of electric motors for medium and heavy-duty applications. Increasing demand for electric vehicles, coupled with growing investments by key players such as Siemens AG, Alstom Grid, General Electric Co., Ltd., and others is also likely to drive the growth during the forecast period.
Europe accounted for a significant share in terms of volume due to high demand from several major industries including automotive, aerospace & defense industry. In addition, presence of prominent motor manufacturers such as Brushless DC Motors GmbH & Co., HEG Limited (Zhejiang) Electronics Co., Ltd (Zhejiang), FKU International Limited (Shanghai) will further boost the region’s growth over the forecast period.
Growth Factors:
- Increasing demand for electric vehicles
- Growing popularity of energy-efficient appliances
- Rising disposable income of consumers in developing countries
- Proliferation of online retail platforms
- Technological advancements in direct drive motors
Scope Of The Report
Report Attributes
Report Details
Report Title
Direct Drive Motors Market Research Report
By Type
High Speed Motor, Medium Speed Motor, Low Speed Motor
By Application
Automobile Industry, Medical Profession, Aerospace, National Defense, Industrial Manufacture, Other
By Companies
Continental AG, Dana TM4, PROTEAN ELECTRIC, Celera Motion, Yaskawa, Mitsubishi Electric Corporation, ETEL SA, Moog Inc, ARADEX, Dover Motion, Kollmorgen, Magnetic Innovations, Fisher＆Paykel Technologies, Ingenia Cat SL, NTI AG LinMot, One Motion, MTI Torque Systems
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
166
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Direct Drive Motors Market Report Segments:
The global Direct Drive Motors market is segmented on the basis of:
Types
High Speed Motor, Medium Speed Motor, Low Speed Motor
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automobile Industry, Medical Profession, Aerospace, National Defense, Industrial Manufacture, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Continental AG
- Dana TM4
- PROTEAN ELECTRIC
- Celera Motion
- Yaskawa
- Mitsubishi Electric Corporation
- ETEL SA
- Moog Inc
- ARADEX
- Dover Motion
- Kollmorgen
- Magnetic Innovations
- Fisher＆Paykel Technologies
- Ingenia Cat SL
- NTI AG LinMot
- One Motion
- MTI Torque Systems
Highlights of The Direct Drive Motors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- High Speed Motor
- Medium Speed Motor
- Low Speed Motor
- By Application:
- Automobile Industry
- Medical Profession
- Aerospace
- National Defense
- Industrial Manufacture
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Direct Drive Motors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Direct Drive Motors are a type of electric motor that uses an internal gearbox to convert the electrical power from the battery into rotational motion. This type of motor is often considered more efficient and durable than other types, making it a popular choice for high-power applications such as aircraft engines or heavy machinery.
Some of the major companies in the direct drive motors market are Continental AG, Dana TM4, PROTEAN ELECTRIC, Celera Motion, Yaskawa, Mitsubishi Electric Corporation, ETEL SA, Moog Inc, ARADEX, Dover Motion, Kollmorgen, Magnetic Innovations, Fisher＆Paykel Technologies, Ingenia Cat SL, NTI AG LinMot, One Motion, MTI Torque Systems.
The direct drive motors market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Direct Drive Motors Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Direct Drive Motors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Direct Drive Motors Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Direct Drive Motors Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Direct Drive Motors Market Size & Forecast, 2020-2028
4.5.1 Direct Drive Motors Market Size and Y-o-Y Growth
4.5.2 Direct Drive Motors Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 High Speed Motor
5.2.2 Medium Speed Motor
5.2.3 Low Speed Motor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Automobile Industry
6.2.2 Medical Profession
6.2.3 Aerospace
6.2.4 National Defense
6.2.5 Industrial Manufacture
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Direct Drive Motors Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Direct Drive Motors Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 High Speed Motor
9.6.2 Medium Speed Motor
9.6.3 Low Speed Motor
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Automobile Industry
9.10.2 Medical Profession
9.10.3 Aerospace
9.10.4 National Defense
9.10.5 Industrial Manufacture
9.10.6 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 High Speed Motor
10.6.2 Medium Speed Motor
10.6.3 Low Speed Motor
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Automobile Industry
10.10.2 Medical Profession
10.10.3 Aerospace
10.10.4 National Defense
10.10.5 Industrial Manufacture
10.10.6 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 High Speed Motor
11.6.2 Medium Speed Motor
11.6.3 Low Speed Motor
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Automobile Industry
11.10.2 Medical Profession
11.10.3 Aerospace
11.10.4 National Defense
11.10.5 Industrial Manufacture
11.10.6 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 High Speed Motor
12.6.2 Medium Speed Motor
12.6.3 Low Speed Motor
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Automobile Industry
12.10.2 Medical Profession
12.10.3 Aerospace
12.10.4 National Defense
12.10.5 Industrial Manufacture
12.10.6 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 High Speed Motor
13.6.2 Medium Speed Motor
13.6.3 Low Speed Motor
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Automobile Industry
13.10.2 Medical Profession
13.10.3 Aerospace
13.10.4 National Defense
13.10.5 Industrial Manufacture
13.10.6 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Direct Drive Motors Market: Competitive Dashboard
14.2 Global Direct Drive Motors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Continental AG
14.3.2 Dana TM4
14.3.3 PROTEAN ELECTRIC
14.3.4 Celera Motion
14.3.5 Yaskawa
14.3.6 Mitsubishi Electric Corporation
14.3.7 ETEL SA
14.3.8 Moog Inc
14.3.9 ARADEX
14.3.10 Dover Motion
14.3.11 Kollmorgen
14.3.12 Magnetic Innovations
14.3.13 Fisher＆Paykel Technologies
14.3.14 Ingenia Cat SL
14.3.15 NTI AG LinMot
14.3.16 One Motion
14.3.17 MTI Torque Systems
